Is Cavco Industries Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: CVCO) stock is to Buy CVCO stock.
Out of 2 analysts, 0 (0%) are recommending CVCO as a Strong Buy, 2 (100%) are recommending CVCO as a Buy, 0 (0%) are recommending CVCO as a Hold, 0 (0%) are recommending CVCO as a Sell, and 0 (0%) are recommending CVCO as a Strong Sell.
What is CVCO's forecast return on equity (ROE) for 2024-2024?
(NASDAQ: CVCO) forecast ROE is 20.68%, which is considered strong.
What is CVCO's Price Target?
According to 2 Wall Street analysts that have issued a 1 year CVCO price target, the average CVCO price target is $381.50, with the highest CVCO stock price forecast at $425.00 and the lowest CVCO stock price forecast at $338.00.
On average, Wall Street analysts predict that Cavco Industries's share price could reach $381.50 by May 22, 2024. The average Cavco Industries stock price prediction forecasts a potential upside of 45.25% from the current CVCO share price of $262.65.
What is CVCO's forecast return on assets (ROA) for 2024-2024?
(NASDAQ: CVCO) forecast ROA is 15.64%, which is higher than the forecast US Residential Construction industry average of 14.19%.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.